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Lynne Stover, Marsha Masters, Angie Battle

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Teach Human Capital using Sloth & Squirrel | Elementary Lesson on EconEdLink

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In these elementary level lesson plans, students will examine the human capital of Squirrel, Sloth, and Mr. Peacock and apply the concept to identify their own human capital.

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Marsha Masters, Lynne Stover, Angie Battle

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Teach Specialization using Sloth & Squirrel | Elementary Lesson on EconEdLink

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This elementary lesson plan has students participate in hands-on activities that reinforces the concepts of specialists/entrepreneurs, workers, capital resources, and products using a picture book.

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Angie Battle, Marsha Masters, Lynne Stover

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Teach Producers and Consumers using Sloth and Squirrel | Elementary Lesson on EconEdLink

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There are two 30 minute elementary lesson plans that take students through the process of making a good to sell to a fictional business owner, Mr. Peacock, to earn an income.

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In this lesson, students work in small groups to produce a toy that can be sold at a price of $5.00. Students track the costs of production for the toy. They then demonstrate the toy and take orders from their classmates. Using the number of orders (quantity demanded), students calculate their total revenue and then either their profit or loss.

This lesson plan is designed for teaching grades 4, 5, 6, 7, and 8.

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Production Profit and Loss Lesson for Grades 4-8

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In this lesson, students learn to track costs of production and, using the number of orders (quantity demanded), calculate their total revenue and then either their profit or loss.

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Grab & Go Economics--Concept Guides | Economics Arkansas | The Story of Economics

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Developed by Economics Arkansas and Curt Anderson, PhD., Geanie Channel and Debbie Shearer, Grab & Go Economics-- Concept Guides tell the story of economics in 12 thoughtfully sequences concept statements.